The last Treasurer questioned the safety of super fund derivatives, but the biggest derivatives gamblers are the banks. Only a public post office bank will keep deposits truly safe.
With Queensland experiencing a deficit in milk production, One Nation Senator Pauline Hanson has threatened to abstain from lending her support to non-critical legislation until the price of milk is regulated.
More evidence has emerged that the APRA bail-in law passed in February does not exclude ordinary deposits from being converted into worthless shares or written off to prop up failing banks, a.k.a. bailed in, as some politicians assumed.
